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Economist

Caterpillar
Peoria - United States
S: Competitive

At Caterpillar, you build what matters—whether it's the career you want, crucial work skills, strong relationships or new digital technologies. There are big jobs to be done worldwide—building critical infrastructure, bolstering local economies, meeting the demand for energy—and that work is powered by our people.

Every single Caterpillar employee moves our company forward. Piece by piece, part by part, person by person. Together we create sustainable, world-changing solutions that impact lives around the globe. Join our winning team and help build a better world.

Caterpillar's Finance Services Division is seeking an Economist in Peoria, IL.

Caterpillar has an exciting opportunity for an Economist. In this position, you will analyze economic developments and determine their impact on business opportunities both short and long term. You will develop forecast scenarios and assess the risks to the company.

Job Duties/Responsibilities may include, but are not limited to:

Analyze economic developments and determine their impact on business opportunities both short and long term.
Use economic data, company sales systems and the most effective statistical or data mining tools to forecast company sales prospects (i.e. engine sales to users, machine industries or parts orders).
Apply judgment and risk assessments to augment initial projections.
Develop forecast scenarios and assess the risks to the company.
Summarize findings in both written documents and presentations to management.
Follow relevant economic, financial, political, regulatory and societal developments in areas of responsibility and prepare projections of future economic developments.
Explain forecasts in monthly Sales & Operations Planning (S&OP), bimonthly Board, quarterly business and annual longterm outlooks.
Produce economic, industry and market segment studies and other studies and reports.
Make presentations to senior management, regional managers, product managers, dealers and other business units.
Use economic data, company sales systems and the most effective statistical or data mining tools to forecast company sales prospects (i.e. engine sales to users, machine industries or parts orders).
Apply judgment and risk assessments to augment initial projections.
Develop and apply stock adjustment models to assess long-term opportunities.
Develop cyclical bands around trend forecasts and create alternate scenarios.
Present findings to Product/Industry groups, as well as upper management.
Follow outside developments in economic theory and forecasting tools to ensure that economic and forecasting tools incorporate the latest research.
Serve as a subject-matter expert on projects requiring economic expertise.
Coordinate major studies and projects in conjunction with other corporate divisions.

Basic Qualifications:

Ph.D. with 1-2 years of economics experience
Top Candidates Will Also Have:
Effective communication skills
Publications in a refereed journal or knowledge of a foreign language
Demonstrated ability to perform sophisticated economic analyses and prepare written reports of findings

Job summary

Employer:

Caterpillar

Location:

Peoria, United States

Education:

PhD/Doctorate

Sector:

Economist

Salary:

Competitive

Job Type:

Permanent

Hours:

Full-Time

Posted:

12th June 2017

Apply By:

6th July 2017

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